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Business, 12.02.2020 04:49 drainy0uandthefish

Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $3,400 Accumulated depreciation—equipment $4,050 Prepaid rent 150 Accounts payable 1,440 Equipment 7,320 Patents 2,140 Stock investments (long-term) 650 Notes payable (long-term) 700 Debt investments (short-term) 1,600 Retained earnings 6,470 Income taxes payable 120 Accounts receivable 1,700 Cash 1,350 Inventory 1,270 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)

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